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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98137 times)
bitcosmo
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June 28, 2016, 12:33:25 AM
 #1281

Buy and Hold!!  Grin
Twistedx2
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June 28, 2016, 12:43:19 AM
 #1282

I would exchange all of my alts to BTC, ride the rebound, and sell relatively quickly as there would be an ultimate crash from the rebound. Then buy more of my favorite altcoins.

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xIIImaL
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June 28, 2016, 12:56:51 AM
 #1283

For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.

The supply is what's going to be the problem. Just when bitcoin reaches that point where the value is at $1, everyone would start hoarding bitcoins and the problem would be how fast can you get bitcoins.


Yup Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.
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June 28, 2016, 02:38:27 AM
 #1284

If bitcoin dropped to $1, what you do? Hmmm i'll make this chance for be better.
I think there is no chance on it. bitcoin will die if touched such a small price right ? nothing can you expect more. better looking altcoin or other potential investments. But to reach that point it will take a long time because the new era of bitcoin has begins

I'm guess impossible for dropped to $/btc. Why die? Bitcoin it's easy,fast,cheap and instand. People care for using bitcoin, and world now know it. 
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June 28, 2016, 02:45:50 AM
 #1285

If bitcoin dropped to $1, what you do? Hmmm i'll make this chance for be better.
I think there is no chance on it. bitcoin will die if touched such a small price right ? nothing can you expect more. better looking altcoin or other potential investments. But to reach that point it will take a long time because the new era of bitcoin has begins

I'm guess impossible for dropped to $/btc. Why die? Bitcoin it's easy,fast,cheap and instand. People care for using bitcoin, and world now know it. 
you know everything gonna die when the time comes,even sun,so bitcoin will eventually die if miners just get away because bitcoin is not profitable anymore

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June 28, 2016, 02:54:06 AM
 #1286

it's not possible 650$ to 1$
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June 28, 2016, 05:28:51 AM
 #1287

I would exchange all of my alts to BTC, ride the rebound, and sell relatively quickly as there would be an ultimate crash from the rebound. Then buy more of my favorite altcoins.

You do not directly do it excessively, because you also have to look at the events and circumstances that occurred at that time. So that you can correct and do something good with it. There is something in this world there is time, so see this situation well
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June 28, 2016, 08:14:30 AM
 #1288

it's not possible 650$ to 1$

I find this hard to believe too. Suppose a big dump would happen or people would lose faith I would expect the price to get to 200 max.
No whale or group of whales can't dump below that.
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June 28, 2016, 08:40:26 AM
 #1289

if bitcoin down to 1$ then i buy a ton of btc and leave it for reach the max price of btc up and when price will be up then just sell those with high way.. that's it !

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June 28, 2016, 08:51:30 AM
 #1290

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.
Mishik
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June 28, 2016, 09:13:10 AM
 #1291

it's not possible 650$ to 1$

I find this hard to believe too. Suppose a big dump would happen or people would lose faith I would expect the price to get to 200 max.
No whale or group of whales can't dump below that.

It's definitely possible. All the people saying that "If the price went to $1, i'd buy more" are dumb. Bitcoin, in it's current state, does not have any problems. But the only reason is that something is terribly wrong with bitcoin.
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June 28, 2016, 10:26:32 AM
 #1292

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Well for me, bitcoin will survive if the price drops to that price. As many people will take the advantage of buying more and will going to use their buying powers in able to give life bitcoin. And if many people are buying, then demand is increasing. And if demand is increasing for sure,
Price is going to increase too.

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June 28, 2016, 11:38:17 AM
 #1293

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

 
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June 28, 2016, 11:44:30 AM
 #1294

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

I would open up a few gambling sites on my browser, and watch the HR tabs being flooded with massive wagers, and of course, buy a few coins myself  Grin
Shibashi Dogemoto
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June 28, 2016, 11:44:42 AM
 #1295

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Yeah many people will prefer to stop using or investing into it, as they will loose hope in it, and its very easy to say that I will buy as much as possible, but what if you are holding existing coins and it fall overnight, it will be a huge loss.
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June 28, 2016, 11:50:53 AM
 #1296

if bitcoin down to 1$ then i buy a ton of btc and leave it for reach the max price of btc up and when price will be up then just sell those with high way.. that's it !
i think that would be a thing that i would most probably do to be honest, because the price would surely have a lot of chances to grow back again if it wont be banned by the government

i think i would sell all the coins at 10 dollars then or something like that because the price wouldnt grow back to 500 dollars in my opinion at least not so fast because people would be careful

 
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June 28, 2016, 12:40:15 PM
 #1297

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

 

That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.

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June 28, 2016, 12:43:40 PM
 #1298


That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.
I think miracle not going to happen twice so did with bitcoin if bitcoin just drop to 1$ even after halving which mean lower reward for miner,miners will go to another altcoin which have potential,and bitcoin will eventually die

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June 28, 2016, 01:06:18 PM
 #1299

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

 

That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.
This Exactly what i will do if the prices drop below 200 i will put my saving to buy more and not to try using that amount in trading or gambling just put it in gold wallet .

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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harun78
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June 28, 2016, 04:08:02 PM
 #1300

buy as much as possible is the best choice, right? because i am sure it will rebound.
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